📌 Parameter📊 Details
📅 Issue PeriodSept 26 – Sept 30, 2025
💰 Price Band₹208 – ₹219 per share
📦 Lot Size68 shares
💵 Issue Size₹819.15 crore (Fresh Issue)
🔁 Quota SplitQIBs 50% • Retail 35% • NIIs 15%
👥 Promoter StakePre-IPO ~84% • Post-IPO ~69.5%
📑 Use of Proceeds1️⃣ ₹630 crore for capital expenditure (battery storage & expansion)
2️⃣ General corporate purposes
📅 Allotment DateOct 1, 2025
💳 Refund / CreditOct 3, 2025
📈 Listing DateOct 6, 2025 (Tentative)
🏦 Registrar / LMRegistrar: MUFG Intime India Pvt. Ltd.
Lead Manager: Unistone Capital
💹 Grey Market Premium (GMP)₹24 – ₹27 (≈9% – 12%)
📊 Subscription (Day-1)0.16× overall
🏢 BusinessTelecom infra, energy & battery systems, turnkey projects, O&M services
🌍 Geographic ReachOperations across India, Myanmar, and Africa
💵 FinancialsFY25 Revenue ~₹2,438.8 crore, growing profits & margins
📦 Order BookStrong pipeline in telecom infra & energy storage